iotworld presentation by accenture at dla piper dinner

Industrial Internet of Things May 12, 2015

!Dadong!Wan,!Ph.D.,!Fellow!Accenture!Technology!Labs!!!!Copyright!©!2015!Accenture.!All!rights!reserved.!!

323,000 employees Clients include 89 of the Fortune Global 100 Offices in 200 cities, clients in 120 countries Ranked among top 50 best global brands FY14 Revenue $30 Billions

Five Operating Groups Covering 19 Industries Communications, Media, Tech ($5.9B) Financial Services ($6.5B) Health and Public Service ($5.0B) Products ($7.4B) Resources ($5.1B)

Accenture is a global management consulting, technology services and outsourcing company

Copyright © 2015 Accenture All rights reserved.

Three Geographies Americas ($14.2B) EMEA ($11.9B) Asia Pacific ($4.0B)

Services Offered through Four Growth Platforms

Strategy Digital Technology Operations

Accenture Open Innovation


What%is%the%Industrial%Internet%(of%Things)?%

“…Transformation of physical industries through connected products, systems, processes, people and

services.”

Efficiency,%Experience,%&%Business%Models%

Copyright © 2014 Accenture All rights reserved. 4

•  Visibility%

•  AutomaDon%

•  Scale%

Copyright!©!2015!Accenture.!All!rights!reserved.!! 5!

Key%differences%between%Industrial%Internet%and%

Consumer%IoT%


Connected%Energy%



Connected%Transport%


Copyright!©!2015!Accenture.!All!rights!reserved.!! 8!Copyright!©!2015!Accenture.!All!rights!reserved.!! 8!

Connected!Health!

Industrial%IoT%is%everywhere%and%the%benefits%are%in%the%

trillions%of%dollars%

Copyright © 2014 Accenture All rights reserved. 9

Source:(World(Bank(2011,(GE(2012( Source:(Cisco,(2013(

Industrial%IoT%is%not%new,%so%why%now?%

Cloud%Storage%

Inexpensive & abundant storage enables aggregation of data

streams from a variety of sources

Industrial%IoT%

Embedded%Sensors%

Powerful but miniaturized sensors becoming universal connectors between physical & digital world

Ubiquitous%connecDvity%

Ubiquitous connectivity extended to physical products,

infrastructure & things RealODme%AnalyDcs%

A combination of cloud and edge analytics enables real-time response to

cyber-physical systems 10 Source:(BGI(Copyright!©!2015!Accenture.!All!rights!reserved.!!


FormaDon%of%rich%ecosystems%is%acceleraDng%

Forums%and%ConsorDums%

StartOUps%

Pioneering%Clients% Alliance%Partners%

JV/JI/AcquisiDons%

<WEF stats>

12 Copyright © 2015 Accenture All rights reserved.

Source: www.weforum.org/reports/industrial-internet-things-unleashing-potential-connected-products-and-services

say that the disruption will occur

within five years

78%

have a funded IIoT strategy

7% indicate that businesses are

not ready for it now

88%

believe that the Industrial Internet is

disruptive

72%

The adoption of the Industrial Internet will be driven by incremental benefits in a near-term and transformational new business models over a long term

13 Copyright © 2015 Accenture. All rights reserved.

1. Operational Efficiency

2. New Product & Services

3. Outcome-based Economy

•  Asset Utilization •  Operational cost

reduction •  Worker productivity

•  New business models •  Software-based

services •  Data Monetization

•  Pay-per-outcome •  New connected

ecosystem •  Platform-enabled market

place

Near-term

Long-term

4. Autonomous Pull Economy

•  Continuous demand sensing

•  End-to-end automation •  Resource optimization and

waste reduction

Workforce Transformation

Ecosystems & Platforms

ROI & Business Models


The Internet of Me

Outcome Economy

Platform (R)evolution

Intelligent Enterprise

Workforce Reimagined

Five Technology Trends Driving the “We Economy”

1 2 3 4 5

1

The Internet of Me: Our world, personalized.


2

Outcome Economy: Hardware producing hard results.


20

The vast potential of the Industrial Internet is tampered with significant future risks


Security vulnerabilities due to connectivity to the global network

(92%)

Disruptions in business model or

disintermediation (88%)

Privacy breaches due to increasing availability of personal data (88%)

Job losses and social dislocation due to increasing

automation (55%)

System breakdowns due to complexity while

human life is at stake (39%)

iotworld presentation by accenture at dla piper dinner

Internet

b accenture

b services

b products

outsourcing company

industrial internet

b health

b financial services

b emea